Ship Scrapping workers comp rate in Indiana
The filed workers comp rate for class code 6874 F (Ship Scrapping) in Indiana is $10.46 per $100 of payroll , effective 2023-01-01. On $500,000 of payroll, that's roughly $52,300 in base premium.
Rate per $100 $10.46
Rate type manual_rate
Authority Indiana Compensation Rating
Effective 2023-01-01
vs peers 95%
Confidence HIGH
FAQ
What is the workers comp rate for code 6874 F in Indiana?
The filed workers comp loss cost / rate for NCCI class code 6874 F (Ship Scrapping) in Indiana is $10.46 per $100 of payroll, effective 2023-01-01.
How much would I pay in Indiana for code 6874 F on $500,000 of payroll?
At $10.46 per $100, $500,000 of payroll yields a base premium of $52,300 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 6874 F?
UT has the cheapest filed rate for code 6874 F ($1.83) and MN the highest ($14.51). Indiana sits at the 95th percentile across 20 peer states.